Swiss-based retail FX and CFDs broker Dukascopy Bank announced the expansion of its arsenal of funding methods available to clients with the addition of Ether (ETH).
The new addition is the second 2nd crypto-currency after the bank launched Bitcoin (BTC) in October 2018. The cryptocurrencies can be used to deposit and withdraw funds from a trading account opened as “crypto-fundable”.
The cryptocurrency (BTC and ETH) can be used as a payment vehicle and is automatically converted into the base currency of the account (USD) and credited to the client’s account.
In the same way, withdrawn funds from a crypto-fundable account are debited in USD and automatically converted into crypto-currency and sent to the client’s registered blockchain wallet address.
